How Our Dubai Gold Rate Is Calculated

Thu, 15 Oct 2026

Our Dubai rate is calculated, not copied: the international spot price of gold, converted at the fixed 3.6725 dirham peg, per gram, by karat purity. Here is the formula, and what a shop adds on top.

Spot, the dirham peg and purityFour steps, no hidden inputs

1. International spot

Spot is the wholesale price of one troy ounce of fine gold in US dollars (XAU/USD). It trades round the clock on weekdays and moves every gold market in the world, Dubai's included.

2. The dirham peg

The UAE dirham is pegged to the US dollar at 3.6725 by the Central Bank of the UAE, so spot converts to dirhams without an exchange-rate guess.

3. Per gram, by purity

A troy ounce is 31.1035 g. Lower karats contain less gold — 22K is 91.6% gold, 21K 87.5%, 18K 75% and 14K 58.5% — so their rate is the 24K rate times their purity.

AED per gram = XAU/USD × 3.6725 ÷ 31.1035 × purity

4. What a shop adds

Our rate is the value of the gold itself. A Dubai jeweller sells at its own rate per gram, a little above this — that is the shop's margin. On top come the making charge (typically 5–8% or AED 10–20 per gram, and negotiable) and 5% VAT on the gold and the making charge. Investment bars and coins of 99%+ purity are VAT-free.

When it changes

Live on weekdays, with every move in international spot. When that market is closed at the weekend, the rate holds at the last close and the page says so.

Indicative ratesLive from international spot · AED per gram

Live

24K 491.36AED ▲ ⁦+5.90⁩⁦+1.22%⁩ vs close
22K 450.08AED ▲ ⁦+5.41⁩⁦+1.22%⁩ vs close
21K 429.94AED ▲ ⁦+5.17⁩⁦+1.22%⁩ vs close
18K 368.52AED ▲ ⁦+4.43⁩⁦+1.22%⁩ vs close
14K 287.44AED ▲ ⁦+3.45⁩⁦+1.22%⁩ vs close

Gold spot · XAU/USD 4,161.45 Day H 4,164 · L 4,100

Spot · AED per gram 491.36 24K (fine gold)

Spot × 3.6725 ÷ 31.1035 g × purity — before the shop's margin, making charge and 5% VAT. Method →

The formula at today's spotXAU/USD 4,161.45 · 17:15 GST

Karat	Puritygold content	Per gramAED, indicative	Per tola11.664 g	10 gAED
24K	100%	491.36	5,731.10	4,913.57
22K	91.6%	450.08	5,249.68	4,500.83
21K	87.5%	429.94	5,014.71	4,299.38
18K	75%	368.52	4,298.32	3,685.18
14K	58.5%	287.44	3,352.69	2,874.44

24K counts as fine gold — spot is quoted per fine troy ounce. Figures are rounded to the fils for display only; nothing is added or taken away.